Jaipur | जयपुर | جے پور (Jaipur)

A new Greece programme needs debt restructure: IMF Lagarde:: International Monetary Fund Managing Director Christine Lagarde has said that a new program to prop up Greece’s finances would require creditors to restructure debt. In addition to the reforms Athens needs to undertake, she said, “the other leg is debt restructuring, which we believe is needed in the case of Greece for it to have debt sustainability.”

Bangalore | Bengaluru

IMF Official Warns of Market Disorder from Fed Rate Hike: The International Monetary Fund’s (IMF) deputy managing director warned on Monday that there is “considerable” risk for negative spillover from the US Federal Reserve’s pending interest rate hike. “This process could become disorderly, with impaired liquidity in certain markets or asset classes.”